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Using the G Fund to Help Fund Federal Expenses

In addition to the pay freeze that has been in effect for some time, federal employees are also helping with the government’s spending problem through the involuntary use of the G fund. Here is how that works and how the scenario is likely to play out when all is said and done.

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Vice President and Congress Getting Raises Too

An executive order was issued Thursday which will make the end to the pay freeze for the federal workforce official in the spring. But federal employees aren’t the only ones who are getting a pay raise from the deal.

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Daily TSP Rates

April 22, 2014

Fund Last Change YTD
L Income 17.0091 +0.0217 +1.14%
L 2020 22.1448 +0.0734 +1.60%
L 2030 23.8817 +0.1026 +1.80%
L 2040 25.3145 +0.1271 +1.93%
L 2050 14.3496 +0.0818 +2.04%
G Fund 14.3906 +0.0009 +0.73%
F Fund 16.1322 +0.0053 +2.48%
C Fund 24.4290 +0.1000 +2.32%
S Fund 34.3055 +0.3617 +1.89%
I Fund 25.9718 +0.2041 +1.59%
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